Changpeng Zhao, more commonly known as CZ, is preparing for his release from a U.S. prison on September 29, 2024, after serving a four-month sentence connected to violations of U.S. anti-money laundering and sanctions laws. This development marks a significant turn in the ongoing narrative surrounding cryptocurrencies and regulatory scrutiny in the financial sector. Zhao’s […]
Elon Musk’s X May Sidestep EU’s Big Tech Regulations
Elon Musk’s social media platform, X, could potentially avoid compliance with the European Union’s strict new regulations designed to monitor and limit the power of major technology companies. This possibility arises in the context of the Digital Markets Act (DMA), which establishes comprehensive rules for what is classified as a “gatekeeper” in the digital marketplace. […]